Replies to post #451514 on Fannie Mae-No Politics (FNMA)

[Clutch29]

Serious. Wouldnt it be wise to take miney out of a lems home on a 2nd before fed rates go up, and lets say the reform causes prices on homes to unilaterally fall vs rise based off possible legislation. Just a route I thought of that allows better access to credit vs relying on banks later.

[stockprofitter]

I think Berkowitz is in worse shape.

The Moelis plan is dead and so is the Corker / Warner plan.

Bruce can not afford to take another huge hit on his Preferred shares as he is still trying to recover from getting whacked by Sears.

The Preferred shares ( most series ) are debt.

Bruce and his claim in the courts for back dividends is insane.

The debt will al be cancelled.

Commons have $3B of cash to work with per year as it stands today and funding support from government if anything was to go wrong in the future.

[robertus]

Have you thought this cat has 7 lives